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In May 2026, Mrs. Gupta recovered Zenith Ltd. shares via Form IEPF-5. In October 2026, she discovers a second folio of Zenith shares transferred to the IEPF. Under the IEPF Rules, 2016, how must she proceed to claim these newly discovered shares?
File Form IEPF-5 urgently, as the newly discovered folios are separate entitlements
Wait until April 2027, as only one claim per company per financial year is permitted
File Form IEPF-3 urgently to retroactively consolidate both claims with direct consent
Wait until May 2027, as a strict twelve-month gap between claims is legally required
Wait until April 2027, as only one claim per company per financial year is permitted
Practice and solve "In May 2026, Mrs. Gupta recovered Zenith Ltd. shares via Form IEPF-5. In October 2026, she discovers..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option B: Wait until April 2027, as only one claim per company per financial year is permitted. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "In May 2026, Mrs. Gupta recovered Zenith Ltd. shares via Form IEPF-5. In October 2026, she discovers..." for Part 5 Domain Knowledge - CIL MT Company Secretary 2026. The correct answer is Option B: Wait until April 2027, as only one claim per company per financial year is permitted. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.